Retirement Planning

Too often, misconceptions can lead employees to put off or minimize retirement savings in the near term, without realizing the impact those delays and that underinvestment will have in the long run, which can have negative consequences for employees later in their careers as they try to make up lost ground. 

March 25, 2024

Choosing a financial advisor for your 401(k) plan is an important decision, as they are integral to plan administration, performance, and providing competent advice to your plan participants. Advisors bring different levels of experience, specialties, and competency to the table, so hiring a financial advisor should only be done after completing sufficient due diligence to find the right one for your plan.

August 9, 2023

There are many regulatory and other duties that a 401(k) custodian must perform for a retirement plan that they manage. These requirements make hiring the right custodian a crucial decision that can impact the success and effectiveness of your company's retirement plan.

August 9, 2023

Regulatory requirements are one of the main issues that cause employers to hesitate in their decision to offer a 401(k) plan to their employees. Hiring the right team to manage your plan can make those requirements streamlined and stress-free, and that team begins with your 401(k) record keeper.

August 9, 2023

Adding the benefit of a 401(k) plan for your employees can do wonders for morale and retention, but simply setting up a plan isn’t all that is required. The landscape of retirement planning and investment options is constantly evolving, making it crucial to stay informed and ensure that your 401(k) plan is optimized.

August 7, 2023

When structured and implemented well, a 401(k) plan can be an important component of an employee's financial well-being and state of mind. Selecting an advisor for your company’s 401(k) plan is an important first step to building a plan, as they will play a crucial role in its creation, implementation, and administration. The right plan can help to secure your employees’ financial futures, improve employee morale, and help attract and retain top talent to and in your company.

August 7, 2023

Not all financial advisors are the same, and there are numerous designations that can help FAs to stand apart from the crowd. Certain certifications are meant to show a high level of specific training and knowledge for the advisor, while others are required to work within specific areas of finance.

August 9, 2023

The Certified Financial Planner (CFP) designation is one of the most widely recognized in the finance industry and indicates a high level of competence, education, and knowledge within numerous aspects of money and investment management. But what is Certified Financial Planner?

August 9, 2023

The Employee Retirement Income Security Act (ERISA) is a federal law that was enacted in 1974 to protect the rights and interests of employees who participate in most employer-sponsored retirement plans, including 401(k) plans. ERISA sets forth regulations and standards that govern the operation, administration, and fiduciary responsibilities of these plans.

August 9, 2023

Given their prominent position that 401ks hold in the context of modern workforce management, a closer look at some of the surrounding issues can help ensure that your organization’s offerings remain viable relative to the other employers with which you are competing for talent.

March 18, 2024

If you are an employer who offers a 401(k) retirement plan for your employees, working with the right advisor is crucial to the plan’s success. There may come a time when it becomes necessary to change the advisor who manages your plan, for any number of reasons. Once an employer has identified the need for a change of advisors, how do they go about doing so?

August 9, 2023

An employer-sponsored 401(k) is one of the most popular retirement savings vehicles in America, but just having one doesn’t guarantee a fruitful retirement. While many individuals rely on 401(k) plans to secure their future, making the right decisions with your investments can mean the difference between a comfortable retirement versus having to work longer than one would like.

August 9, 2023

One recent survey highlights some of the financial realities that many retired people are currently facing - realities that will soon similarly affect many more people, with an estimated 12 thousand US workers reaching the age of 65 every single day throughout 2024,

January 22, 2024

A 401(k) plan is a popular retirement savings resource that allows employees to set aside a portion of their pre-tax income for future use. While participating in a 401(k) plan is beneficial, having a 401(k) advisor can significantly enhance the effectiveness and success of the plan.

August 7, 2023

A properly run 401(k) plan can be a great benefit to both employers and employees. There are many rules and regulations in place to ensure that plans are set up to work in the best interest of plan participants, but whose job is it to make sure that a plan is doing so?

August 7, 2023